AFRICA THE FUTURE OF THE CONTINENT

March 8, 2022
3 years ago

Africa is the continent of the future. Thus we need to make the most of its potential by 2050, its population will more double to 2.2 billion with a 60 percent under the age of 25.

 

Africa is the second largest continent in the world after Asia. It covers an area of 31million square kilometres.

The size is an advantage because:

•Large tracts of land are available for agriculture

•Large size of land to host large population

•Large population means potential big market for goods and services

•Large number of people which can be transformed into powerful productive labour force

 

What Makes Africa Attractive?

•54 sovereign states

•17% of the world’s population

•96% of the global oil output

•90% of the world’s platinum supply

•90% of the world’s cobalt supply

•½ of the world’s gold supply

•2/3 of the world’s manganese

•35% of the world’s uranium

•25% of the world’ coltan

•54 votes in the United Nation General Assembly